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Shade Corporation expects to sell $640$ sun shades in May and $450$ in June. Each shade sells for $$152.$ Shadees beginning and ending finished goods inventories for May are $60$ and $45$ shades, respectively. Ending finished goods inventory for June will be $55$ shades. 

$1.$ Prepare Shades sales budget for May and June. 

$2.$ Prepare Shades production budget for May and June. 

$3.$ Each shade requires a total of $$55\mathrm{.}00$ in direct materials that includes $4$ adjustable poles that cost $$5\mathrm{.}00$ each. Shadee expects to have $120$ in direct materials inventory on May $1,90$ poles in inventory on May $31,$ and $120$ poles in inventory on June $30.$ 

$4.$ Required: 

$5.$ Prepare Shades May and June purchases budget for the adjustable poles. 

Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $$14$ per hour. Additionally, Shadees fixed manufacturing overhead is $$9,000$ per month, and variable manufacturing overhead is $$10$ per unit produced. 

Required:

$6.$ Prepare Shades' direct labor budget for May and June. 

$7.$ Prepare Shades' manufacturing overhead budget for May and June. 

 

Answer rating: 100% (QA)

1 Sales Budget for May and June May Sales 640 sun shades June Sales 450 sun shades Price per shade 1... View the full answer